Markets

Sharika Enterprises Appoints Sanjay Verma as Chief Executive Officer Noida, April 6, 2026: Sharika Enterprises Limited has appointed Mr. Sanjay Verma as its Chief Executive Officer (CEO), effective April 1, 2026. This leadership transition occurs amidst accelerating investments by utilities across India into grid modernization, automation, and digital infrastructure to improve reliability and integrate renewable energy.Mr. Verma assumes the role of CEO while continuing his capacity as an Executive Director. The move positions Sharika Enterprises to strengthen its involvement in the evolving smart grid ecosystem.With over three decades of experience, Mr. Verma possesses expertise spanning power distribution, utility systems, and...

United Breweries Ltd Board Meeting Scheduled for May 5, 2026 United Breweries Ltd has announced that its Board of Directors meeting is scheduled for Tuesday, May 05, 2026.During this meeting, the board is slated to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the financial year ended March 31, 2026. Additionally, the board will recommend a dividend on the equity shares of the Company, if any, for the financial year ended March 31, 2026.The company noted that the Trading Window for dealing in the securities of United Breweries Ltd will remain closed until Thursday, May 07, 2026.UBL Stock Price Movement At the close of trade, shares of United Breweries Limited are edging higher by...

Bank of India Details Outstanding ISINs for Debt Securities Bank of India provided details of its outstanding ISINs for debt securities, outlining specific parameters for several issuances. The data covers various details including issuance dates, maturity dates, and respective coupon rates.The bank issued nine distinct debt instruments detailed in the provided summary.Name of the IssuerISIN No.Issuance DateMaturity DateCoupon RatePayment frequencyAmt. issued (Rs.in crores)Amt. 0/s (Rs.in Crores)BANK OF INDIAINE084A0816902/12/2022Perpetual8.57%Yearly 1500BANK OF INDIAINE084A0815130/09/202130/09/20317.14%Yearly 1800BANK OF INDIAINE084A0817715/09/202315/09/20337.88%Yearly 2000BANK OF...

Can Fin Homes Limited Receives Updated ESG Rating from NSE Sustainability Can Fin Homes Limited has received an updated Environmental, Social, and Governance (ESG) rating from NSE Sustainability Ratings & Analytics Limited. The ESG rating provider assigned a rating of 73 to the company, with the rating date being 02/04/2026.The company's previous ESG rating was 66, with the last review date recorded as 08/07/2025.The ESG ratings provided by NSE Sustainability are assigned to the Company on a voluntary basis by the ESG Rating Provider, utilizing information available in the public domain.The link for the rating published by NSE Sustainability is available at https://www.nse-esgrating.com/esg-ratings/450?fiscalYear=2024-2025...

Gujarat Mineral Development Corporation Ltd Receives 'Aspiring' ESG Rating Gujarat Mineral Development Corporation Ltd has received an Environmental, Social and Governance (ESG) Rating from NSE Sustainability Ratings & Analytics Ltd. The rating assigned to the Company is 68/100, placing it in the 'Aspiring' category.The assessment determined by NSE Sustainability Ratings & Analytics Ltd is based solely on publicly available information. The Company noted that it neither engaged NSE Sustainability Ratings & Analytics Ltd for the evaluation or issuance of the ESG Rating, nor did it provide any specific data for the assessment.The Company received the information regarding this rating via an email intimation from BSE Limited on April...

Shivansh Finserve Limited Board Meeting Scheduled for April 13, 2026 Kanungo Financiers Ltd announced that a Board of Directors meeting for Shivansh Finserve Limited is scheduled for Monday, April 13, 2026. The meeting will take place at the company's registered office.The agenda items set for consideration and approval during the board meeting include:Discussion regarding fund-raising through a preferential issue of shares. A proposal concerning the increase of the Company's share capital. Consideration of changes to the Company's name and its main objects.Stock Price Movement In today's trade, Kanungo Financiers Ltd shares are currently trading between ₹9.54 and ₹10.40. The stock is at ₹9.54, showing a dip of ₹0.50 as the market...

Arunaya Organics Partners with IIT Gandhinagar on Sustainable Textile Colorants Research Arunaya Organics Limited has entered into a research collaboration and executed a Memorandum of Understanding (MOU) with the Indian Institute of Technology Gandhinagar (IITGN). This partnership is established under the TEX-RAMPS Scheme of the Ministry of Textiles, Government of India.The collaboration focuses on the project titled 'Protein-based textile colorants: A Sustainable Alternative to Chemical Textile Dyes'. Details of the agreement were discussed and concluded during the Company's Board Meeting held on Monday, April 06, 2026.As part of this initiative, the Company has committed to contribute a total sum of ₹27.30 Lakhs over a period of...

Marine Electricals Secures Rs 115 Crore Order from Larsen & Toubro for Semiconductor Facility Marine Electricals (India) Limited has secured substantial orders totaling Rs 115 crores (excluding taxes) from Larsen & Toubro Limited. The contract pertains to the supply, installation, testing, and commissioning of LT boards and Branch panels for the Tata Semiconductor Manufacturing Private Limited semiconductor manufacturing facility located in Dholera.The company confirmed that the delivery of these goods is scheduled to be completed over a period of 18 months.The order received from Larsen & Toubro is noted as not falling within the scope of related party transactions, and the company confirmed that none of the Promoters or Promoter...

Midwest Energy Devices Initiates Trial Production at Battery Assembly Line Midwest Energy Devices Private Limited, a wholly-owned subsidiary of Midwest Energy Private Limited, has marked a key operational milestone with the commencement of trial production runs at its battery assembly line and Certification-Led BESS Platform. This development signals the company's advancement into the advanced Battery Energy Storage System (BESS) market.The trial production occurred at the facility in Bengaluru. The company stated that this achievement marks the beginning of Midwest's next phase as an energy storage company, focusing on designing, developing, and producing certified systems tailored for varied regions, applications, and market needs...

India Infraspace Ltd Subsidiary Dissolution Details Provided India Infraspace Ltd has provided details regarding the dissolution of a subsidiary. The dissolution of the subsidiary occurred effective from August 4, 2025.In the context of transaction reporting, the company provided an annexure detailing information relevant to the acquisition of shares of a subsidiary of the listed entity.The annexure structure included the following points for reporting:r. No.ParticularRemark1The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial yearThe details of last financial year are...

S.A.L. Steel Ltd Announces CFO Resignation Effective April 6, 2026 S.A.L. Steel Ltd confirmed the resignation of Shri Babulal M Singhal from the role of Chief Financial Officer. The resignation is effective from the close of business hours on April 6, 2026, citing personal and unavoidable circumstances.The details regarding this Key Managerial Personnel change were reported as follows.Disclosure RequirementDetailsReason for change viz. appointment, resignation, removal, death or otherwiseResignation of Shri Babulal M Singhal (KMP) from the post of Chief Financial Officer of the Company due to Personal and unavoidable Circumstances.Date of appointment/cessation (as applicable) & term of appointmentWith effect from Close of...

India Infraspace Ltd Announces Resignation of Compliance Officer India Infraspace Ltd confirmed the resignation of Arti Ramgopal Khetan from the role of Company Secretary and Compliance Officer (Key Managerial Personnel). The resignation was effective from October 01, 2025.The company stated that the departure was due to personal reasons and a career opportunity.The details regarding the change in the key managerial personnel position are summarized below:Company Secretary & Compliance Officer NameArti Ram Gopal KhetanReasons for changeResignationDate of ResignationOctober 01, 2025Brief profileNot AvailableDisclosure of relationship between DirectorsNot ApplicableStock Price Movement Monday, India Infraspace Ltd...

KVS Castings Ltd Receives Credit Ratings from Crisil Ratings Limited KVS Castings Ltd has received credit ratings for its bank facilities from Crisil Ratings Limited. The ratings were assigned following communication from Crisil Ratings Limited dated April 05, 2026.The ratings assigned for the company's bank facilities are detailed as follows:Total Bank Loan Facilities RatedAmountLong Term RatingCrisil BBB-/StableShort Term RatingCrisil A3The assigned credit rating for the total bank loan facilities is noted as ₹ 80 Crore.The company confirmed the ratings were communicated verbally by the analyst of Crisil Ratings. KVS Castings Ltd acknowledged that these ratings are not rating communication letters and will not be...

Anand Rathi Wealth Ltd to Consider Bonus Shares at Board Meeting Anand Rathi Wealth Ltd confirmed that its Board of Directors will consider a proposal for the Issuance of Bonus Shares during a meeting scheduled for Thursday, April 09, 2026.The company issued the intimation regarding the proposed Board Meeting, which was originally noted in a communication dated March 30, 2026.Investors should note that the bonus issue event will also be subject to the existing trading window closure rules.ANANDRATHI Stock Price Movement Anand Rathi Wealth Limited is trading in live action, currently sitting at ₹3278.9, having climbed ₹70.7 in today's session, marking a 2.2% lift. The stock is actively moving on significant volume, with total...

Avantel Limited Receives Purchase Order of Rs.11.59 Crores from NewSpace India Limited Avantel Limited announced the receipt of a Purchase Order from M/s. NewSpace India Limited. The order, received via email on April 6, 2026, pertains to the Supply, Installation and Commissioning of Devices for Xponders.The total value associated with this Purchase Order is Rs.11.59 Crores (Rupees Eleven Crore Fifty-Nine Lakh only), exclusive of taxes.The details concerning this significant contract are summarized below:Sl. No.ParticularsDescriptionName of the entity awarding the order(s) / contract(s)M/s. NewSpace India LimitedSignificant terms and conditions of order(s)/ contract(s) awarded in briefSupply, Installation and Commissioning...

East India Drums and Barrels Secures Contract with Bharat Petroleum Corporation Limited East India Drums and Barrels Manufacturing Ltd has secured a contract for supplying metallic drums and barrels to Bharat Petroleum Corporation Limited (BPCL) at the Mumbai Refinery in Mahul.The company announced that it received a Letter of Acceptance (LOA) from BPCL, located at Petroleum House, for the supply of these metallic drums/barrels. The aggregate value of the contract awarded is Rs. 1,06,00,000 (Rupees One Crore Six Lakh only).This supply agreement is slated for fulfillment at the BPCL facility in Mumbai Refinery, Mahul, India.The acquisition of this order is noted as further strengthening the company's long-standing relationship with...

Texmaco Rail & Engineering Wins Southern Railway Order Worth Rs. 39.26 Crores Texmaco Rail & Engineering Limited, a company of the An adventz group, has been awarded an order by Southern Railway for the Design, Supply, Erection, Testing, and Commissioning of 25kV Traction Over Head Equipment (OHE). The contract pertains to the proposed doubling of track between Thiruvananthapuram (Incl) and Eraniel (Exel) stations, and includes modifications to the existing OHE in the Thiruvananthapuram division of Southern Railway.The total consideration for the contract has been reported as Rs. 39.26 crores (excluding taxes).According to the details provided regarding the contract award, the following key specifications were noted...

Ranjeet Mechatronics Ltd Appoints New Independent Director and Confirms Resignation Ranjeet Mechatronics Ltd announced changes to its board of directors following a Board meeting held on April 06, 2026. The company reported the appointment of a new Non-Executive Independent Director (Additional) and the resignation of an existing Independent Director.The Board of Directors, following a recommendation from the Nomination and Remuneration Committee, approved the appointment of Kriya Dipakbhai Shah (DIN: 10714962) as an Non-Executive Independent Director (Additional) effective from April 06, 2026.Kriya Dipakbhai Shah's profile indicates that she graduated in Commerce from Gujarat University and is a qualified Company Secretary (ACS)...

Sofcom Systems Ltd Appoints Internal Auditors for Five Years Sofcom Systems Ltd announced that its Board of Directors, following a meeting held on April 06, 2026, has approved the appointment of M/s Tamakuwala & Co., Chartered Accountants, to serve as the Company's Internal Auditors.The appointment was made based on the recommendation of the Audit Committee. M/s Tamakuwala & Co. is a firm bearing Registration No. 114137W.The Board approved the tenure for the Internal Auditors to cover five financial years, spanning from the financial year 2025-26 up to 2029-30.The board meeting took place on Monday, April 06, 2026, commencing at 13.00 hrs (IST) and concluding at 13.20 hrs (IST).Details of Internal Auditor Appointment The...

Aimtron Electronics Secures Orders Worth Rs. 57.66 Crores in Industrial IoT and AI Sectors Aimtron Electronics Limited has secured new orders totaling Rs. 57.66 crores within the Industrial (IoT) and Artificial Intelligence (AI) Surveillance Sectors. The company reported receiving these significant contracts, which are classified as turnkey orders.The details regarding the bagging of these major orders are summarized as follows:DetailDescriptionNature of OrderTurnkey OrderOrigin of OrderDomestic EntitiesSector FocusIndustrial (IoT) & AI Surveillance SectorsTotal ValueRs. 57.66 croresExecution TimelineExecution is scheduled within 12 monthsThe contracts were awarded by domestic entities, and the nature of the...